Optimal Entity structure for Multifamily investing

[Brian C.]

My partners and I (CA residents) are in the process of evaluating several multifamily properties in Oregon and have questions about the best legal entity structure. 

Our plan is to form an Oregon LLC to purchase the property. In addition, because we are CA residents, my understanding is that we will still be required to file a CA form 568 and pay the $800 minimum LLC tax because we as managers are located in CA.

Is this consistent with everyone's understanding of the rules? Also, do you recommend forming a Oregon LLC as compared to a Delaware, Nevada or Wyoming LLC, etc..?

Thanks!